When you get a loan from a bank, credit card issuer or other financial institution, you’re requesting credit. You’re making a promise to the financial institution that you’ll pay back the money it’s ...

A charge-off is a serious credit report entry that damages credit scores, stays for seven years, impacts loans and credit cards, and requires disciplined repayment to rebuild financial health.

Credit utilization is an important factor in your credit score. Most experts recommend keeping this ratio below 30 percent ...

If you are confused about whether medical debt appears on credit reports, join the club. The truth is, even credit experts are struggling to keep up, as government edicts and judicial decisions bounce ...